Yes and No. For a short play EIS will boost the SP rapidly, but you have to be watching it daily, and ready to get out on the announcement. But, what is it you want your money to achieve? I personally am not a short of Boulder. I would have done fine if I shorted it over a year ago, and did so every time there was news. But if you do some research on this company they are more serious then the SP alots to. I think money saved is money earned when everyone else is willing to chase the momentum, and some look to the long term/future. I will say if I got out today I would be up in the neighborhood of 1400%.
I am not greedy nor do I take risks in the hopes of being rich on a long shot.
EIS will jack up the SP for about a day or so to a range then if people buy in there, they will have to hold until a year or two to break even or see returns. But will do well for anyone that is in at the current price.
Personally, I am invested in Boulder until they start producing and profiting on steel made in Australia. And that could take a while. But honestly I would rather been invested with a company that takes the time needed to do the research, the securing of investment, and all the procedures needed, then some these other things you see issue-ing billions of shares, pumping out PR reports, and 90% held by shorts. Check who owns and holds shares in this company. You'll find alot of serious investors, holding through thick and thin, even the crash times. Do your own research or course. EIS isn't the turning point, ground breaking will be better. But remember this company does actually make profits in car parts in Germany and Austria when no one else was in 2009 and 2010. One just can't expect too much; just reasonable growth from a small company is all.
BGD Price at posting:
10.0¢ Sentiment: LT Buy Disclosure: Held
